TSX:WRN

Stock Analysis Report

Western Copper and Gold

Executive Summary

Western Copper and Gold Corporation, an exploration stage company, engages in the exploration and development of mineral properties in Canada.

Snowflake

Fundamentals

Excellent balance sheet with weak fundamentals.

Share Price & News

How has Western Copper and Gold's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.3%

WRN

-5.7%

CA Metals and Mining

0.3%

CA Market


1 Year Return

0%

WRN

9.0%

CA Metals and Mining

0.1%

CA Market

Return vs Industry: WRN underperformed the Canadian Metals and Mining industry which returned 9% over the past year.

Return vs Market: WRN matched the Canadian Market which returned 0.1% over the past year.


Shareholder returns

WRNIndustryMarket
7 Day2.3%-5.7%0.3%
30 Day2.3%-5.4%-2.5%
90 Day1.1%-5.2%-1.4%
1 Year0%0%9.8%9.0%3.6%0.1%
3 Year-12.0%-12.0%-11.7%-13.4%14.3%4.1%
5 Year51.7%51.7%2.5%-1.4%25.0%6.9%

Price Volatility Vs. Market

How volatile is Western Copper and Gold's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Western Copper and Gold undervalued compared to its fair value and its price relative to the market?

1.91x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate WRN's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate WRN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: WRN is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: WRN is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate WRN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: WRN is overvalued based on its PB Ratio (1.9x) compared to the CA Metals and Mining industry average (1.3x).


Next Steps

Future Growth

How is Western Copper and Gold forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

44.6%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Western Copper and Gold has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Western Copper and Gold performed over the past 5 years?

-8.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: WRN is unprofitable, and losses have increased over the past 5 years at a rate of -8.5% per year.

Accelerating Growth: Unable to compare WRN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: WRN is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-13.7%).


Return on Equity

High ROE: WRN has a negative Return on Equity (-5.58%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: WRN is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: WRN is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Western Copper and Gold's financial position?


Financial Position Analysis

Short Term Liabilities: WRN's short term assets (CA$5.8M) exceeds its short term liabilities (CA$712.7K)

Long Term Liabilities: WRN has no long term liabilities


Debt to Equity History and Analysis

Debt Level: WRN is debt free.

Reducing Debt: WRN has not had any debt for past 5 years.


Balance Sheet

Inventory Level: WRN has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if WRN's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: WRN has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if WRN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Western Copper and Gold's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%6.0%industryaverage1.3%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate WRN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate WRN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if WRN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if WRN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of WRN's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

What is the CEO of Western Copper and Gold's salary, the management and board of directors tenure and is there insider trading?

7.5yrs

Average management tenure


CEO

Paul West-Sells 0

3.7yrs

Tenure

CA$396,400

Compensation

Dr. Paul West-Sells, Ph.D. serves as Chief Executive Officer and President at Casino Mining Corporation. Dr. West-Sells has been the Chief Executive Officer of Western Copper and Gold Corporation since Feb ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Paul's total compensation is reasonable compared to companies of similar size in the Canadian market.

Compensation vs Earnings: Paul's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

7.5yrs

Average Tenure

Experienced Management: WRN's management team is seasoned and experienced (7.5 years average tenure).


Board Age and Tenure

5.0yrs

Average Tenure

77yo

Average Age

Experienced Board: WRN's board of directors are considered experienced (5 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyCA$13,99930 May 19
Tara Christie
EntityIndividual
Role
Member of the Board of Directors
Director
Shares20,000
Max PriceCA$0.70
BuyCA$50,40027 May 19
Kenneth Williamson
EntityIndividual
Role
Member of the Board of Directors
Director
Shares56,000
Max PriceCA$0.90
BuyCA$4,55017 May 19
Tara Christie
EntityIndividual
Role
Member of the Board of Directors
Director
Shares7,000
Max PriceCA$0.65
BuyCA$10,05003 Dec 18
Paul West-Sells
EntityIndividual
Role
Chief Executive Officer
Chief Executive Officer and President
Shares15,000
Max PriceCA$0.67

Ownership Breakdown


Management Team

  • Francis Corman (81yo)

    Executive Chairman

    • Tenure: 13.5yrs
    • Compensation: CA$238.90k
  • Jonathan Clegg

    Executive Vice President of Engineering

    • Tenure: 0yrs
    • Compensation: CA$80.68k
  • Cam Brown

    Vice President of Engineering

    • Tenure: 9.3yrs
    • Compensation: CA$288.00k
  • Jack McClintock (68yo)

    Consulting Geologist

    • Tenure: 9.3yrs
  • Paul West-Sells

    Chief Executive Officer and President

    • Tenure: 3.7yrs
    • Compensation: CA$396.40k
  • Chris Donaldson

    Director of Corporate Development

    • Tenure: 6yrs
  • Julie Pelly

    Manager of Corporate Communications

    • Tenure: 9yrs
  • Varun Prasad

    Interim CFO & Senior Accountant

    • Tenure: 0.4yrs
  • Elena Spivak

    Paralegal & Corporate Secretary

    • Tenure: 0yrs

Board Members

  • Francis Corman (81yo)

    Executive Chairman

    • Tenure: 13.5yrs
    • Compensation: CA$238.90k
  • Ken Williamson (71yo)

    Director

    • Tenure: 0.5yrs
  • Bob Gayton (79yo)

    Lead Director

    • Tenure: 2.3yrs
    • Compensation: CA$99.20k
  • David Williams (75yo)

    Director

    • Tenure: 13.4yrs
    • Compensation: CA$68.60k
  • Klaus Zeitler (80yo)

    Director

    • Tenure: 13.4yrs
    • Compensation: CA$95.00k
  • Tara Christie (45yo)

    Director

    • Tenure: 0.5yrs
  • Archie Lang

    Director

    • Tenure: 5yrs
    • Compensation: CA$90.20k

Company Information

Western Copper and Gold Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Western Copper and Gold Corporation
  • Ticker: WRN
  • Exchange: TSX
  • Founded: 2006
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$94.676m
  • Shares outstanding: 107.59m
  • Website: https://www.westerncopperandgold.com

Location

  • Western Copper and Gold Corporation
  • 1040 West Georgia Street
  • 15th Floor
  • Vancouver
  • British Columbia
  • V6E 4H1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WRNTSX (The Toronto Stock Exchange)YesCommon SharesCACADMay 2006
31WNDB (Deutsche Boerse AG)YesCommon SharesDEEURMay 2006
WRNAMEX (NYSE MKT LLC)YesCommon SharesUSUSDMay 2006

Biography

Western Copper and Gold Corporation, an exploration stage company, engages in the exploration and development of mineral properties in Canada. The company explores for gold, silver, copper, and molybdenum  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 23:48
End of Day Share Price2019/10/15 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.